Islamabad, June 17, 2025: Pakistan’s Large-Scale Manufacturing Industries (LSMI) posted a modest year-on-year (YoY) growth of 2.3% in April 2025, as revealed in the latest report by the Pakistan Bureau of Statistics (PBS). However, the sector showed a month-on-month (MoM) decline of 3.2%, indicating a short-term slowdown in industrial momentum.
Despite the April boost, cumulative performance for the first 10 months of FY2024-25 (10MFY25) reflects a 1.5% contraction in LSM output compared to the same period last year. This overall decline is attributed to drops in major sectors, with key contributors including:
- Garments (+0.91%)
- Automobiles (+0.73%)
- Textiles (+0.49%)
- Petroleum Products (+0.35%)
- Pharmaceuticals (+0.16%)
Negative drag came from sectors such as:
- Food (-0.50%)
- Chemicals (-0.42%)
- Cement (-0.32%)
- Iron & Steel (-0.47%)
- Furniture (-1.82%)
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During July to April FY2024-25, year-on-year comparisons indicate positive growth in tobacco, textiles, wearing apparel, coke & petroleum products, automobiles, and other transport equipment. Conversely, production shrank in food processing, chemical products, non-metallic minerals, steel, electrical equipment, machinery, and furniture.
This mixed trend underscores the importance of targeted industrial policy and support to revive sectors still lagging. As Pakistan’s economic landscape evolves, consistent monitoring of LSMI output will be vital for sustainable recovery and export competitiveness.
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